Clearfield, Inc. (CLFD)

Market Cap	399.25M
Revenue (ttm)	268.72M
Net Income (ttm)	32.53M
Shares Out	15.26M
EPS (ttm)	2.17
PE Ratio	12.06
Forward PE	107.76
Dividend	n/a
Ex-Dividend Date	n/a

Volume	261,682
Open	25.39
Previous Close	25.44
Day's Range	25.26 - 26.61
52-Week Range	22.91 - 129.30
Beta	1.42
Analysts	Buy
Price Target	71.40 (+172.94%)
Earnings Date	Feb 1, 2024

About CLFD

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor ...

• Industry: Communication Equipment
• Sector: Technology
• Founded: 1979
• Employees: 407
• Stock Exchange: NASDAQ
• Ticker Symbol: CLFD

Financial Performance

In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.

Analyst Forecast

According to 5 analysts, the average rating for CLFD stock is "Buy." The 12-month stock price forecast is $71.4, which is an increase of 172.94% from the latest price.

Price Target

$71.4

(172.94% upside)

Analyst Consensus: Buy